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20121129
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activist tax person, grover norquist. two prominent senate republicans indicated a willingness to break it over the weekend. but more importantly, will the house republicans feel the same way? >> i will tell you when i go to the constituents that reelected me, it is not about the pledge, but really about trying to solve problems. >> reporter: and brian, that is the problem here despite all the happy talk from senate republicans about the potential for compromising on taxes. the real action is between those house republicans elected by the more conservative group and the white house. we have a long way to go. >>> chuck todd on the white house lawn for us, thank you, and with due respect, while washington is one thing, and we know how they act. if this happens it will affect american lives and households millions strong. >>> tonight, we asked sharon epperson to go over this with us, it would be about personal finance >> it certainly would be, brian, and we're talking about nearly every taxpayer that will be affected. the first place you will see it is on your federal tax rate going up for
in congress signed a no tax pledge created by americans for tax reform chair, grover norquist. now some republicans are abandoning the anti-tax pledge as fast as they abandoned -- what's his name? i got it. don't help me. don't help me. rip flaumbe. >> we recently reported "the on june" satire newspaper named north korean leader kim jong un the sexiest man alive. apparently the joke was lost on china's communist party newspaper. they ended up running a 55-page spread of the leader congratulating him for the title. you can understand how that can be confusing, you know, his fashion sense. >> because i'm gullible? >> a little bit of everything. come on. you've got to have found with it. >> the "two and a half men" with thing, should we believe the video where he was live or the pr statement? >> i think we should believe he makes $350,000 an episode and that's enough said. >>> this is from care 11 news in minneapolis, where a wave of baby blue swept through a maternity ward for three days. delivery room doctors shouted it's a boy 19 consecutive times between 5:00 p.m. saturday and 7:30 a.m
or not the republicans will move away from the ideologically rigid position, which has been the grover norquist pledge, which most of them signed, that they will not go for additional revenues. when they move away from that pledge, and they must, as by the way all the presidents that i have ever served with, including reagan, clinton, and the first george bush, moved away from a position no additional taxes. they all added revenues to deficit reduction. a significant amount of revenue. >> your colleague from georgia just this week said the following about that pledge not to raise any taxes. >> you know, that pledge i signed 20 years ago was valid then. it's valid now, but times have changed significantly.Ñi and i care more about this country than i do about a 20-year-old pledge. >> it is my view that the issue of taxes is the number one stumbling block to any kind of fiscal deal. that has to be resolved first before you can get to issues like sequestration. when you hear that from a colleague, does it say to you that there is room, and does the president do anything short of raising tax rates on the
pick up on that because we've seen a few republicans peeling off from a pledge they signed to grover norquist who, of course, is an anti-tax lobbyist works has been very powerful among conservatives. is that a significant move when you start seeing senators like lindsey grak, sacxby chambliss saying i'm not going to stick to the deal. >> reporter: i'll be waiting to see if house republicans do it. all the areas where republicans are softening. it's senate republicans. if the deal could be cut between senate republicans and the white house, we wouldn't be talking about this, wouldn't have a segment because the fiscal cliff wouldn't be an issue. the house republicans have to worry about primaries and that's the problem for the white house and frankly for house speaker john boehner. he may want to cut a deal but may not have the votes because these guys might be on a primary suicide mission, some of these house republicans, if they side with raising tax rates. if they raise taxes they will lose the primary and there's no general election, they don't have to where he about voters. >> are
are too high, i'd rather leave the money in my savings account earning a quarter of 1%. only in grover norquist's imagination does such a response exist. why do you think republicans are clinging so tightly to that idea? >> well, i think they are worried about primaries next time, but i think you're seeing people peel away from that. i'll call you at midnight, matt and tell you i've got the greatest stock i've ever seen. you're not going to say what's the tox rate, you're going to say what's the name of it? >> bottom line, would raising taxes on the wealthiest americans have a chilling effect on hiring in the country? >> no, and i think would have a great effect on the morale of the middle class who have seen themselves playing high payroll taxes, income taxes and they watch guys like me end up paying a rate paid by the people in my office. >> mr. buffet, appreciate you being here. want to tell our viewers to stick around. you'll be back in the next half hour to chronicle a new book. always good to have you here. >> thanks, matt. >> now to savannah. >> a potential showdown in washingto
Search Results 0 to 5 of about 6 (some duplicates have been removed)